Symbols

AMUN

abrdn Ultra Short Municipal Income Active ETF·NASDAQ

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Key Stats

Assets Under Management

29.70MUSD

Fund Flows (1Y)

Dividend Yield

0.66%

Discount/Premium to NAV

0.08%

Shares Outstanding

1.10M

Expense Ratio

0.25%

About abrdn Ultra Short Municipal Income Active ETF

Issuer

abrdn Inc.

Brand

Aberdeen

Home Page

https://www.aberdeeninvestments.com/en-us/investor/funds/view-all-funds/abrdn-ultra-short-municipal-income-active-etf-us0030222741?subTab=keyInformationTab&tab=fundFactsTab

Inception Date

Mar 17, 1986

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

abrdn, Inc.

Distributor

ALPS Distributors, Inc.

AMUN seeks high after-tax income by investing primarily in investment-grade, tax-exempt municipal securities. The fund maintains an ultra-short duration profile, typically two years or less, to help reduce interest rate sensitivity. The portfolio may include various types of municipal obligations such as general obligation and revenue bonds, variable- and floating-rate issues, and tender option bonds. Up to 20% of assets may be allocated to below-investment-grade securities, while the fund may also invest in taxable fixed income if market conditions warrant it. The adviser uses sector allocation, credit analysis, and duration management to evaluate opportunities and balance income potential with risk.